8
Sep

After a passionate debate in one of our latest online sessions in the Master regarding this issue, Gonzalo de la Mata compiles our ideas of how the successful advertising agency of the future should be:

“The Future Begins Today.” we are living how Internet is redefining all industries business models and the turn is getting here for advertising.

future-agency

Digital marketing industry is growing much faster than digital agency can imagine and they have suffered the impact. They are setting digital departments and on another hand specialised digital agencies have entered the market to fill the Gap the traditional agencies were leaving.

Previous Considerations:

·         What does SEM-SEM-Blogmarketing-SMM means? Sound very cool for clients and General Managers from advertising but Who has the answers? Digital Natives rather than Immigrants

·         Business models are not defined. Digital Agencies are offering complex models with not transparency.

·         If you are AM from DA, tell your CEO or boss that Digital Marketing is something more than SEO-SEM or Facebook, the spectrum is much higher.

·         Crisis Time: Clients are asking to go digital just because they can’t be able to afford a traditional campaign, now Internet has a good penetration.

·         Viral campaigns are not cheap: forget about it!

Now, is time thinking about the implications for agencies that are trying to set up a digital division, What is the best solution? Create by your self or Buy a small digital agency? depends on your current situation but just share some clarifications:

·         Get profits need time, be patience

·         It is clear there is lack of qualified professional in emerging markets

·         Protect know how and retain talent.

·         Inflation on salaries.

·         Outsource is a common thing in digital
agencies, does not matter if create a specific division because you will need outsource some services.

·         Integrate online and offline teams takes time and patience.

According to the last aspect the next step is think about business model, the most important point is “make it easy” we shouldn’t present a complex budgets based on different aspect.

Based on of my work experience and colleagues from the master, I think the most accurate is a mixing model, forecast an annual fee based on [(€/ Hour * €/ Profile) + (Exceed or extra projects)],just remain on digital actions we will need different profiles. Try to be sure your model have scalable mixing model with transparency.

How should be my digital agency? My colleague Sussane gave us an excellent reference about The agency of Future  where basically we can listening about what want our clients, please check it because is very interesting.

In conclusion, time is to short, clients are asking to integrate campaigns in the same voice in the same marketing strategy development… Do you want to lose the train?

Any ideas to foster debate?

Best

Manuel A. Alonso Coto

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Iñigo September 9, 2009 - 12:12 am

I think that Crowdsourcing could be the future of the ad industry. There’s a big mass of “brains” working around the web but the agencys cannot (or don’t want to) pay this knowledge. This “crowdbrains” could get a huge power in the near future… There are some initiatives like this in Spain: Plannair.

Sorry but I only found it in Spanish….

DESPEGA PLANNAIR, UNA NUEVA INICIATIVA CONTRA LA CRISIS, PROCEDENTE DE ALUMNOS DE LA MIAMI AD SCHOOL.El próximo 10 de septiembre se presentará PlannAir en en la sede madrileña de la Miami Ad School. Felipe San Juan, Consejero delegado de Saatchi&Saatchi España y miembro del comité ejecutivo de la AEAP, será el presentador del Acto. Esta singular iniciativa nació del inconformismo de un grupo de estudiantes del último Bootcamp de Account Planning de la Miami que se encontraron con la dificultad de encontrar oportunidades a la hora de seguir creciendo en el mundo de la planificación estratégica debido a la crisis y el contexto actual. Orientados por uno de sus profesores, Jorge Cubain, decidieron unirse para crear Plannair: un think-tank estratégico con el que aportar nuevas ideas al

mercado. El objetivo de la iniciativa es crear un laboratorio de ideas en el que explorar y crecer en el mundo del planning aportando un equipo de mentes inquietas multidisciplinar al servicio de las agencias de comunicación en ese campo, con un approach muy posibilista. La intención de

este equipo es posicionarse como “el equipo de planning que toda agencia le gustaría tener, pero que ningún cliente está dispuesto a pagar”.

Después de la presentación oficial se compartirá un coctel y los integrantes responderán a todas a las dudas en un ambiente más relajado.

Advertising Agency November 23, 2009 - 6:50 pm

One challenge as an advertising agency is that many potential clients don’t fully understand internet advertising and search engine marketing, which makes it difficult to compare services, especially if advertising agencies are not being transparent in competitive situations.

http://www.10thdegree.com

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